Latest PPL Corporation Stories

ALLENTOWN, Pa., Nov. 3, 2011 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (11/3) announced third-quarter reported earnings of $444 million, or $0.76 per share, up from $248 million, or $0.51 per share, a year ago. For the first nine months of 2011, PPL's reported earnings were $1.04 billion, or $1.91 per share, compared with $583 million, or $1.40 per share, a year ago. Adjusting for special items, PPL's earnings from ongoing operations for the third quarter were $439 million,...

ALLENTOWN, Pa., Nov. 2, 2011 /PRNewswire/ -- Senior management of PPL Corporation (NYSE: PPL) will make a presentation to investors and financial analysts at the Edison Electric Institute's annual financial conference at 9:45 a.m. EST Tuesday, Nov. 8. James H. Miller, PPL's chairman and chief executive officer, will discuss PPL's corporate strategy, growth opportunities and general business outlook. The presentation will be available online live, in audio format along with slides, on PPL's...

ALLENTOWN, Pa., Oct. 26, 2011 /PRNewswire/ -- PPL Corporation (NYSE: PPL) plans to release its consolidated third-quarter 2011 earnings results before the stock market opens Thursday, Nov. 3. James H. Miller, PPL chairman and chief executive officer, and other members of PPL's executive management team will discuss these results and the company's general business outlook during a conference call with financial analysts at 9 a.m. EDT that day. The call will be available online live, in audio...

ALLENTOWN, Pa., Sept. 19, 2011 /PRNewswire/ -- Paul Farr, executive vice president and chief financial officer of PPL Corporation (NYSE: PPL), will participate in a panel discussion entitled "U.K. and Beyond" on Wednesday, Sept. 21, at the Bank of America/Merrill Lynch 2011 Power and Gas Leaders Conference. The panel discussion will be available via a live webcast from 7:45 a.m. to 9:15 a.m. EDT that day. Interested parties may access the presentation through PPL's main Web site:...

ALLENTOWN, Pa., Sept. 16, 2011 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 4 million shares, or approximately 0.692 percent, of the outstanding PPL common stock at a price of $27.00 per share. TRC's offer price represents approximately a 4.22 percent discount to the $28.19 closing price of PPL common stock on Sept. 14, 2011, the day before the offer commenced. In addition, TRC's offer is...

ALLENTOWN, Pa., Sept. 12, 2011 /PRNewswire/ -- Severe flooding along the Susquehanna River in Pennsylvania that began late last week has had minimal operational impact on power plants owned by subsidiaries of PPL Corporation (NYSE: PPL). Plant staff operated the facilities safely, and the flooding caused no appreciable damage to facilities. PPL companies operate the Susquehanna nuclear power plant, the Montour and Brunner Island coal-fired power plants, and the Holtwood hydroelectric plant...

ALLENTOWN, Pa., Sept. 2, 2011 /PRNewswire/ -- PPL Electric Utilities crews on Friday (9/2) expect to complete repairs to all but a handful of remaining trouble spots, capping a nearly weeklong effort to undo the wrath of Hurricane Irene. The storm was the second worst in the utility's history when measured by both the number of trouble locations -- 3,200 -- and number of affected customers -- about 415,000. "It's been a grueling, tiring stretch for more than 3,000 PPL Electric Utilities...

ALLENTOWN, Pa., Sept. 1, 2011 /PRNewswire/ -- Paul Farr, executive vice president and chief financial officer of PPL Corporation (NYSE: PPL), will discuss the company's corporate strategy and general business outlook with investors and financial analysts on Thursday, Sept. 8, at the 2011 Barclays Capital CEO Energy/Power Conference. Farr's presentation will be available via a live webcast at 3:05 p.m. EDT that day. Interested parties may access the presentation through PPL's main website:...

ALLENTOWN, Pa., Aug. 26, 2011 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Friday (8/26) declared a quarterly common stock dividend of $0.35 per share, payable Oct. 3, 2011, to shareowners of record as of Sept. 9, 2011. This is the company's 263rd consecutive quarterly dividend. PPL Electric Utilities Corporation, a subsidiary of PPL Corporation, on Friday also declared the following quarterly dividend on its preference stock, payable Oct. 3, 2011, to shareowners of record as of Sept. 9,...

BERWICK, Pa., Aug. 23, 2011 /PRNewswire/ -- Unit 2 at PPL's Susquehanna nuclear power plant in northeastern Pennsylvania resumed generating electricity for the regional power grid Tuesday night (8/23). The unit shut down automatically on Friday (8/19) during scheduled equipment testing. A review by plant staff found a single-point wiring deficiency in the unit's digital control system. "We determined the cause, corrected the problem and safely restarted the reactor," said Timothy S....